My old watch was running out of batteries. The watch still worked, but the numbers were very dim, which meant I couldn't read it well.
One question I asked myself is whether I needed a watch. Many people say that because we have mobile phones now that display the time there is no need for wristwatches. This is a fair argument. The problem for me is that I don't have my mobile phone with me everywhere I go. For example, at work my mobile phone is banned, so I have to keep it in my bad in my locker. Nevertheless, many of my co-workers flout the rules and bring their mobile phones in. This is a moot point because at work I can easily get the time from the computer as well as several wall clocks.
One place where I need a watch is when I'm in the shower. My mobile phone is not water resistant. It might be able to tolerate a few splashes, but I am sure that it will die if I put it into a stream of shower water. Why do I need to tell the time in the shower? I floss in the shower and I time how long I floss with my stopwatch. I also have another stopwatch running to time how long I take in the shower. This prevents me from using up too much water.
Another time when I need a wristwatch is when I'm exercising on my elliptical trainer. Using a stopwatch, I time how much cardiovascular exercise I do and aim to achieve 210 minutes per week on average. My elliptical trainer faces no wall clocks. While I am on the elliptical trainer I usually leave my mobile phone lying on a table nearby. When I am exercising on the elliptical trainer I cannot see the display on this mobile. I don't like to put the mobile phone in my pockets because that will ruin weight distribution and affect my running.
One problem with relying on time displays from wall clocks is that they could be wrong. In fact, they often are. I think this is a case of the tragedy of the commons applied to time-keeping. People care about their own time-keeping devices but don't care about public time-keeping devices. I often see wall clocks at work and then say to a co-workers, "That time is wrong." The co-worker usually just nods and walks away. Usually wall clocks are wrong because they drift away from the proper time and become either slow or fast. Often after daylight savings people don't bother to change them. If you have your own wristwatch you can regularly synchronize it to the time on an atomic clock (via the Internet) and you can walk around certain that you have the right time. However, if you rely on the time-keeping devices of others, you will get contradictory numbers, which adds to uncertainty.

Billionaire investor Warren Buffet believes that before you buy shares in a company you need to be certain about what you are buying. To be certain you need to be able to write an essay about why the company is good. I have done something similar here but instead of buying shares I am buying a wristwatch. I have stated my reasons for buying a watch. Another aspect of Buffet's investing strategy is buying shares while they are cheap. The same applies to watches. I needed to look at a cheap watch that had all the features I needed, that is, accurate time, stopwatch, water resistant to 50 meters or more, and date display. It is incredible how many expensive watches don't even have these basic features. That is like a million dollar car that doesn't have air conditioning.

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